Walmart Pay makes mobile wallet universal across its store base

BENTONVILLE, Ark. – Walmart on Wednesday announced that Walmart Pay is now available in the more than 4,600 Walmart stores nationwide.

Available through the Walmart app, Walmart Pay works with any iOS or Android device, at any checkout lane and with any credit, debit, pre-paid or Walmart gift card. Walmart Pay is like no other mobile payments solution available today, expanding access to mobile payments and improving the way customers check out in all Walmart stores in the U.S.

“There is something very powerful about the ease and simplicity of Walmart Pay,” stated Daniel Eckert, SVP services, Walmart U.S. “What’s even more powerful though, is what this means for our customers. We want to make every day easier for busy families. We’re connecting all the parts of Walmart into one seamless shopping experience with great stores, easy pickup, fast delivery, frictionless checkout and apps and websites that are simple to use.”

Walmart Pay is one of the newest and most powerful additions to the Walmart app, which ranks among the top three retail apps in the Apple and Google app stores with more than 20 million active users. The app was built with an emphasis on making shopping faster and easier for customers – from refilling a pharmacy prescription to building a gift registry and finding where an item is located in store. The app also makes it easy for customers to shop the millions of items on Walmart.com.

“Walmart Pay is just the beginning,” Eckert said. “We’re building deeper relationships with our customers across our ecosystem and are looking forward to delivering new tools like Walmart Pay that allow them to use the Walmart App as their remote control for a faster, more convenient shopping experience.”

Costco June comps flat; net sales up 3%

ISSAQUAH, Wash. — Same store sales were flat at Costco in June, and net sales increased 3% June to $11.33 billion.

For the 44-week period ended July 3, the company reported net sales of $98.51 billion, an increase of 2% from $96.33 billion during the similar period last year. Comps for the five-week and 44-week periods ended July 3 were flat and 2% respectively.

Comparable sales for these periods excluding the negative impacts from gasoline price deflation and foreign exchange were 2% and 4% respectively.

Costco currently operates 708 warehouses, including 496 in the United States and Puerto Rico, 90 in Canada, 36 in Mexico, 27 in the United Kingdom, 25 in Japan, 12 in Korea, 12 in Taiwan, eight in Australia and two in Spain.

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